Price contracted and breakout expected. Long above yesterday's high. Short below yesterday's low.
Price contracted and breakout expected. Long above yesterday's high. Short below yesterday's low.
Price contracted and breakout expected. Long above yesterday's high. Short below yesterday's low.
RELIANCE IS ON 2 DAYS NR7 POSITION AND WITH INSIDE BAR, HOPING FOR BREAKOUT ON EITHER SIDE AND GOOD MOMENTUM TRADE, LEVELS MENTION ON CHARTS
Price contentiously rejected in the weekly event area and last week printed a nice PB.
Trade is mentioned in the chart. We'll update as per the market tomorrow.
Dabur had made a Weekly Inside Bars pattern last week, with decreasing volumes. At the same time, it is also making a symmetrical triangle pattern. A breakout on either side can be big! However, since it currently trending up, I will be happier taking a LONG trade on a breakout above Rs. 466, in continuation of the prior uptrend.
While the Weekly Inside Bars pattern strategy gave a BUY signal @ Rs. 393, the Ascending Triangle Pattern strategy has given a BUY signal today @ Rs. 409.
Inside candlestick pattern at : Fibonacci .618 Support @ Previous top support Trendline support Rsi near 40
Inside Weekly Bar Formation - Week A volatility is 10%, Week B Volatility drops to 5.2% and Finally Week C is 3.6%. The stock went tighter in terms of movement meaning there were very limited sellers in the stock. All bars were inside the body of the previous one
Inside Bar Short below 640.50, SL PDH PDH = 651.15 If gap up or down, follow 5m ORB.
Insidebar : buy above 979 with sl 969 for 988-999
ASIANPAINTS - Inside Bar Trade Short below Prev day low Buy above Prev day high
TECHMAHINDRA - Inside Bar trade Short below Prev day low Buy above Prev day high
Inside Bar Long above 154.20, SL PDL Short below 149, SL PDH If gap up or down, follow 5m ORB.
Inside Bar Long above 207.70, SL PDL Short below 200.55, SL PDH If gap up or down, follow 5m ORB.
Inside Bar Long above 1454.80, SL PDL Short below 1418, SL PDH If gap up or down, follow 5m ORB.
Inside Bar Long above 579, SL PDL Short below 565.45, SL PDH If gap up or down, follow 5m ORB.